The House Freedom Caucus is a joke, along with the rest of them: At least $20 trillion in new debt over ten years, increases the SALT cap for itemized deductions important in high tax Blue states, Green New Deal spending still in there, ratifies federal support for Medicaid's backdoor vehicle as insurance under Obamacare, etc.
The Chair of the House Freedom Caucus:
The current average Social Security check is $1,999.97, minus $185 for the Medicare premium, equals $1,814.97 monthly, times 12 equals $21,779.64 annually.
CNBC reported here.
House Democrats will now have three vacancies and a caucus of 212 vs. 220 for the GOP.
Representatives Turner (TX-18) and Grijalva (AZ-7) died in March.
When you don't really believe the campaign's over and you won:
Another disappointing performance by Tulsi Gabbard.
Tulsi, former leftist, keeps proving she can turn with the wind with the best of them.
And I had such high hopes for her. 🤷
After covering for the guy from the beginning for his 2020 campaign conducted from a basement.
They have no one to blame but themselves.
Democrats want Biden to take responsibility for loss to Trump
... “He needs to stop talking about what could have happened and what should have happened and how the party betrayed him and start talking about how he ultimately betrayed the party,” said one Democratic strategist. “The reason we find ourselves in this position is because he was too stubborn to step aside.” ...
“Successive U.S. administrations and Congress have failed to agree on
measures to reverse the trend of large annual fiscal deficits and
growing interest costs,” Moody’s analysts said in a statement. “We do
not believe that material multi-year reductions in mandatory spending
and deficits will result from current fiscal proposals under
consideration.” ...
“... we expect federal deficits to widen, reaching nearly 9% of GDP by 2035, up from 6.4% in 2024, driven mainly by increased interest payments on debt, rising entitlement spending and relatively low revenue generation,” Moody’s said. ″We anticipate that the federal debt burden will rise to about 134% of GDP by 2035, compared to 98% in 2024.″ ...
Moody’s officially rated U.S. bonds in 1993 for the first time, but had assigned a “country ceiling rating” of Aaa on the U.S. since 1949.
... Holdings of U.S. Treasuries surged to $9.05 trillion in March, an
all-time peak and up more than $233 billion from $8.81 trillion in
February. Compared with a year earlier, Treasuries owned by foreigners
rose nearly 12%.
Some analysts said that trend could change in April as the Trump administration introduced a massive trade shock on April 2nd that saw effective tariff rates surge, particularly on Chinese goods.
That fueled a U.S. Treasuries sell-off that, at one point, pushed benchmark 10-year yields more than 70 basis points (bps) higher to nearly 4.6% over the April 3-11 period. The selloff may have included selling from foreign investors, analysts said.
Trump has since paused the imposition of tariffs for 90 days, and the Treasuries market has stabilized somewhat, although foreign investors are likely to have remained leery of U.S. assets. ...
Yeah, I don't think so.
10Y yield averaged 4.28 in April lol, unchanged from March lololol.
